For some younger workers, the pressure to pay today's bills is forcing a difficult choice: keep putting money into a pension for the future or keep more of it in their pockets now. For Hassan Nassar, 26, the need to manage his finances today outweighed the benefits of continuing to save for retirement.
Until early September, Nassar was putting around £430 a month into his NHS workplace pension. However, with family costs, rent, student loan repayments, and a first-home deposit to save for, the trainee GP decided to stop contributing for around 'six to 12 months' before opting back in.
